SEC Form 4 · accession 0001209191-18-023239
C. H. ROBINSON WORLDWIDE, INC. · CHRW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy C Gokey
Director
Period of report
Mar 30, 2018
Accepted (ET)
Apr 3, 2018 · 6:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001043277
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock (Restricted Stock Units)F2,F1,F3 | — | Mar 30, 2018 | A | 653 | A | — | — | Common Stock | 653 | 1,297 | D |
Explanation of responses
- F1Each phantom share/restricted stock unit will be paid in one share of common stock.
- F2Of the 653 restricted stock units, 360 were granted at no cost to the reporting person as a quarterly installment of the annual equity-based award provided to each non-employee director, and 293 were granted at a price of $93.71 per unit in connection with the reporting person's election to defer receipt of his most recent quarterly cash retainer payment.
- F3The restricted stock units are immediately vested, and following the reporting person's termination of service as a director, become payable in shares of common stock according to the schedule previously chosen by the reporting person.